$1,170,000
7.91 BTC
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62 Rainbow Ridge Avenue, Toronto
$1,170,000
PRICE
5 + 2
BEDROOMS
3
BATHROOMS
E12247076
MLSID

62 Rainbow Ridge Avenue, Toronto

*RARELY OFFERED 5-LEVEL BACKSPLIT DETACHED HOME* Sitting On A Large 50 FT Wide Lot In A High Demand Neighbourhood With No Neighbours Behind For Added Privacy. Inside, You'll Find A Thoughtful Well-Designed Layout With 3 Bedrooms On The Upper Level, 2 Bedrooms On The Ground Level And 2 More Bedrooms In The Basement. This Unique Backsplit Also Has Defined Functional Living Spaces For The Living, Dining & Family Room. Upgraded Kitchen, Bathrooms, Laminate Floors Throughout Makes This Home Maintenance Free & Move In Ready. What Makes This Home *SPECIAL & UNIQUE*? There Is Incredible *INCOME POTENTIAL $$* Each Level Offers Its Own Separate Entrances To Its Own Well-Appointed Spacious Apartment Space. Its Perfect For *MULTI-GENERATIONAL LIVING* Where Large Families Can Live Comfortably Together While Having Their Own Personal Space (Great For Those With Grandparents, Kids & Teenagers) Or *LUCRATIVE RENTAL INCOME* From 3 Potential Rental Units Which Is A Great Mortgage Helper! Or If You Need An Office, Redesign The Ground Floor To Fit Your Needs. Unbeatable Location, 8 Mins To University Of Toronto, Centennial College & Upcoming Scarborough Academy of Medicine & Integrated Health (SAMIH) Which Means You'll Always Have High Rental Demand, Steady Income & Higher Rent! Widen Driveway Allows For 4 Car Parking + 2 In The Garage. TTC At Your Doorstep & 401 is Just 1 Min Away. All Your Daily Amenities & Activities Are Quickly Accessible Such As Schools, Pan Am Centre, Rouge GO, Trails At Rouge National Park, Hospital, Shopping & Big Box Stores. **RARE OPPORTUNITY to own a BEAUTIFUL HOME with 3200 SQFT Of Functional Living Space that also serves as an AMAZING INCOME GENERATOR**
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Sold History

SOLD
21 October 2011
$375,000
SOLD
17 February 2010
$352,000

Summary

Address
62 Rainbow Ridge Avenue
Community
MLSID
E12247076
Property Type
Detached
Property Category
Bedrooms
5 + 2
Bathrooms
3
Kitchens
1 + 1
Taxes (Annual)
$4,584.85
Tax Year
2025
Published
June 26, 2025
Days on Market
11 Days
Possession Type
Flexible
Possession Details
45/60/Tba
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Inclusions

Interior & Exterior Pot Lights, New Garage Door, Redone Concrete Porch, Custom Back Lit House Address, Roof 12 Years, Furnace 9 Years, Owned Hot Water Tank. S/S Gas Stove, S/S Rangehood, S/S B/I Dishwasher, S/S Fridge, Microwave, Stacked Washer & Dryer. Bsmt As-Is: S/S Stove, S/S Fridge, S/S Rangehood, Microwave, Stacked Washer & Dryer. All Existing Light Fixtures, All Existing Window Coverings, Garage Door Opener, Furnace, Central Air Conditioner (As-Is).

Details

Property Features
Greenbelt/Conservation, Rec./Commun.Centre, School, Public Transit, Park, Hospital
Bathroom 1
3-Piece Upper Level
Bathroom 2
3-Piece Ground Level
Bathroom 3
3-Piece Basement Level
Parking Spaces
4
Parking Total
6
Parking Features
Private
Architectural Style
Backsplit 5
Lot Width
50 Feet
Lot Depth
105 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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